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REGISTERED NUMBER: 13948359 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 2 MARCH 2022 TO 30 MARCH 2023

FOR

ADG GROUP LIMITED

ADG GROUP LIMITED (REGISTERED NUMBER: 13948359)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 2 MARCH 2022 TO 30 MARCH 2023










Page

Statement of Financial Position 1

Notes to the Financial Statements 2 to 3

ADG GROUP LIMITED (REGISTERED NUMBER: 13948359)

STATEMENT OF FINANCIAL POSITION
30 MARCH 2023

Notes £   
FIXED ASSETS
Investments 4 200
TOTAL ASSETS LESS CURRENT
LIABILITIES

200

CAPITAL AND RESERVES
Called up share capital 200
200

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the period ended 30 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 February 2024 and were signed by:





A D Gray - Director


ADG GROUP LIMITED (REGISTERED NUMBER: 13948359)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 2 MARCH 2022 TO 30 MARCH 2023


1. STATUTORY INFORMATION

ADG Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13948359

Registered office: Glebe House
Boothen Old Road
Stoke-on-Trent
Staffordshire
ST4 4EZ

The principal activity of the company is that of a holding company.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company
received no income and incurred no expenditure during the current year and therefore no income
statement is presented within these financial statements. There have been no movements in
shareholders funds during the current year or prior year.

Preparation of consolidated financial statements
The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

ADG GROUP LIMITED (REGISTERED NUMBER: 13948359)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 2 MARCH 2022 TO 30 MARCH 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 200
At 30 March 2023 200
NET BOOK VALUE
At 30 March 2023 200

5. EVENTS AFTER THE END OF THE REPORTING PERIOD

There were no significant events up to the date of approval of the financial statements by the Board.